long-term care insurance

Definition of "long-term care insurance"
  1. A private insurance policy designed to cover both medical and non-medical costs related to daily living activities over an extended period of time, as such expenses are generally not covered by Medicare
How to use "long-term care insurance" in a sentence
  1. She decided to purchase long-term care insurance to safeguard her future.
  2. To prevent financial strain during his retirement years, he invested in long-term care insurance.
  3. With the rise in healthcare costs, considering long-term care insurance is a prudent decision.

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